This app enables karpatkey’s asset managers to safely and rapidly deploy, adjust or exit any position with carefully tailored and predesigned strategies.
By shifting operations to our Agile Execution App, AM can mitigate the risks associated with UI vulnerabilities, hacks, or malfunctioning interfaces, such as in the case of Safe's UI outage.
The app provides a centralized platform for operations, allowing team members to access a comprehensive list of available actions, even in critical situations. This clarity fosters a level-headed approach in handling emergencies, ensuring swift decision-making.
Utilizing the app minimizes the likelihood of human error in executing tasks, particularly in complex strategies. With various strategies readily available within the app's menu, operational mishaps are significantly reduced both in routine tasks and during crisis scenarios.
The app streamlines repetitive tasks, improving the overall operational efficiency of various processes. The app helps AMs save time and opportunity costs by allowing them to focus on tasks that require human judgment and creativity, thus maximizing the value of their time and expertise.
The app ensures a high level of security by implementing dual-layer security measures. Firstly, preset filters act as an initial security check, followed by the execution of predesigned strategies within the app. This layered approach significantly reduces the risk of critical errors occurring due to faulty executions.
Protocols’ interfaces may not be available or may be malfunctioning during an emergency. Asset managers that need to design the right strategy during the pressure of a risk scenario may not come up with the optimum course of action, or could even execute flawed transactions. The design and execution of the proper strategy takes valuable time and this can generate losses in the DAO’s funds. AMs carry out repetitive tasks in order to execute a batch of transactions.
This app enables the manual execution of predesigned strategies (batch of tx carefully designed and tailored to our AM needs). However, some of those predesigned strategies are to be automatically executed given specific triggers. For example, an exploit suspected or a collateral ratio rapidly decreasing. This strategies menu is also part of our guardians modules under development. Guardians are bots that will automatically execute strategies. Today, the app enables only positions exits in order to avoid potential losses, but it will broaden its scope towards enabling yield-chasing opportunities.
To get started, clone the repository and run yarn install && yarn dev:
git clone git@github.com:KarpatkeyDAO/execution-app.git
yarn install
yarn dev
To run this site in production, install modules yarn install, build the site with yarn build and run it with yarn start:
yarn install
yarn build
yarn start
Run yarn build again any time you make changes to the site.
Note: When running a webserver on port 80 (e.g. Macs usually have the Apache webserver running on port 80) start the example in production mode by passing a different port as an Environment Variable (e.g. PORT=3000 yarn start).
Configure the .env file by copying .env.example This gives a range of options. To have the app run any strategies, the strategies need to be updated with positions that have funds and are whitelisted. These files are in the strategies folder of the roles_royce.
Any and every contribution is welcomed and appreciated.